- NY Credits : 6.0
- TX Credits : 6.0
Financial Statement Disclosure - Common Issues
Upon successful completion of Financial Statement Disclosure - Common Issues, the user should be able to:
identify the authoritative literature and form and style considerations that are significant to an organization's notes to the financial statements;
recognize the common problems in preparing frequent disclosures, general disclosures, and other disclosures related to inventory, debt, income taxes, related parties, going concerns, and lawsuits;
assess how to disclose information about financial instruments in an organization's financial statement notes; and
summarize issues that organizations might encounter with disclosing information about risks and uncertainties in the notes to their financial statements.